Kasturi Metal Composite Ltd IPO

Kasturi Metal Composite Ltd IPO

Established in 2005, the company specializes in manufacturing steel fiber products for industrial applications. Its portfolio includes Loose Hook-End, Glued Hook-End, and Flat Crimped Steel Fibers, along with Steel Wool Fiber. Operating under Duraflex, Durabond, and Durocrete brands, it serves construction, engineering, automotive, and infrastructure sectors. Its subsidiary, Durafloor Concrete Solution LLP, provides specialized flooring solutions. With 20 years of experience, the company supplies critical materials for tunnel shotcrete, precast concrete, industrial flooring, road construction, and automotive friction linings, consistently delivering quality and value across diverse industries.

Kasturi Metal Composite Ltd IPO Details

Total Shares Offered

₹ 27,52,000

Offer to Public

TBA

Retail Max (Shares)

₹ 9,16,000

Pre Issue Promoters Holding

₹ 70,58,352

Exchange

BSE

Issue size

₹ 17.61 Cr

IPO Open Date

Jan 27, 2026

Close Date

Jan 29, 2026

Lot Size

4000

Min Investment

₹ 2,44,000

Issue Type

Book Building - SME

Listing Date

Feb 3, 2026

Kasturi Metal Composite Ltd IPO Dates

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Jan 27, 2026
Opening date
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Jan 29, 2026
Closing date
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Jan 30, 2026
Basis of Allotment
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Feb 2, 2026
Initiation of Refunds
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Feb 2, 2026
Credit of Shares
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Feb 3, 2026
Listing date

Details

SectorType
SectorSteel - Medium
Sub SectorSmall
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Kasturi Metal Composite Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations56.9749.753.33
EBITDA5.094.564.66
PAT1.661.601.49
Total Assets19.7517.2313.04
Share Capital7.641.010.79
Total Borrowings14.8612.6910.02
Operating Activities (Net Cash)3.302.942.82
Investing Activities (Net Cash)-0.420.10-0.16
Financing Activities (Net Cash)14.8612.6910.02
Net Cashflow2.600.050.52

About Kasturi Metal Composite Ltd

The Company was originally incorporated as a Private Limited Company under the name Kasturi Metal Composite Private Limited on November 24, 2005 bearing CIN: U28900MH2005PTC157553 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Mumbai. Subsequently, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on December 26, 2023 the company was converted into a Public Limited Company and consequently the name of the Company was changed from Kasturi Metal Composite Private Limited to Kasturi Metal Composite Limited vide a fresh Certificate of Incorporation dated March 19, 2024 issued by the Registrar of Companies, Central Processing Centre, bearing CIN U65465MH2005PLC157553.

India's economy grew by 6.5% in FY25, supported by a strong 7.4% growth rate in Q4 FY25, leading the RBI to revise India's GDP growth forecast for FY26 upward to 6.8%. India's strong external sector outlook, rising employment, and improved FDI ranking 15th globally in 2024 and highest in South Asia reflect positive economic momentum. The government's growthfocused approach is evident from capital expenditure of Rs.15,02,000 crore in H1 FY25 and a 10% increase to Rs.11,21,000 crore in the FY26 Union Budget. Rising exports, easing port congestion, improved tax compliance, and moderating inflation further support infrastructure-led growth.

Established in 2005, the company specializes in manufacturing steel fiber products for industrial applications. Its portfolio includes Loose Hook-End, Glued Hook-End, and Flat Crimped Steel Fibers, along with Steel Wool Fiber. Operating under Duraflex, Durabond, and Durocrete brands, it serves construction, engineering, automotive, and infrastructure sectors. Its subsidiary, Durafloor Concrete Solution LLP, provides specialized flooring solutions. With 20 years of experience, the company supplies critical materials for tunnel shotcrete, precast concrete, industrial flooring, road construction, and automotive friction linings, consistently delivering quality and value across diverse industries.

Peer Comparison:

  • No listed Industry Peers

Kasturi Metal Composite Ltd Key Points

Strengths

Strong Manufacturing Capabilities.

Strong portfolio and diverse range of Steel Fiber products.

Stringent quality control mechanism ensuring standardized product quality.

Established relationships with customers across various geographical locations.

Experienced Promoter and Strong Management Team.

Risk

We are primarily dependent upon few key suppliers within limited geographical location for procurement of raw materials. Any disruption in the supply of raw materials from such selective suppliers and geographical location could have a material adverse effect on our business operations and financial conditions.

Substantial portion of our revenues has been dependent upon few customers. The loss of any one or more of our major customer would have a material adverse effect on our business, cash flows, results of operations and financial condition.

Our Company does not have long-term agreements with suppliers for input materials. A significant increase in the cost or shortfall in the availability of such materials, along with price fluctuations, could adversely impact our business, financial condition, and operational results.

Strategy

Setup of new integrated manufacturing unit.

Strategic Commitment to Quality and Competitive Edge.

Continue to strengthen our existing product portfolio and diversify into new product lines.

Optimal Utilization of Resources.

Augmenting growth in domestic and international markets.

How To Apply for Kasturi Metal Composite Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Kasturi Metal Composite Ltd IPO?

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Kasturi Metal Composite Ltd's IPO offers shares for up to 17.61 It begins on Jan 27, 2026 and ends on Jan 29, 2026.

What is the price of the Kasturi Metal Composite Ltd IPO?

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The price of Kasturi Metal Composite Ltd IPO ranges between ₹61 to ₹64 per share.

What are the open and close dates for the Kasturi Metal Composite Ltd IPO?

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The Kasturi Metal Composite Ltd IPO opens on Jan 27, 2026 and closes on Jan 29, 2026.

When will the Kasturi Metal Composite Ltd IPO be allotted?

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The allotment for the Kasturi Metal Composite Ltd IPO will be finalised on Jan 30, 2026. The shares will be listed on BSE and NSE on Feb 3, 2026.

What is the minimum lot size required for Kasturi Metal Composite Ltd IPO?

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The minimum lot size for Kasturi Metal Composite Ltd IPO is 4000 shares, priced between ₹61 to ₹64 per share.

What is the GMP of Kasturi Metal Composite Ltd IPO?

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The GMP (Grey Market Premium) of Kasturi Metal Composite Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Kasturi Metal Composite Ltd IPO?

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To check the allotment status of Kasturi Metal Composite Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Kasturi Metal Composite Ltd IPO getting listed?

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The Kasturi Metal Composite Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jan 27, 2026, and closes on Jan 29, 2026. The allotment is finalised on Jan 30, 2026.

How do you apply for the Kasturi Metal Composite Ltd IPO?

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To apply for the Kasturi Metal Composite Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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